Investing.com - Zhejiang Sanhua Co Ltd reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Zhejiang Sanhua Co Ltd announced earnings per share of ¥0.17 on revenue of ¥5.44. Analysts polled by Investing.com anticipated EPS of ¥0.16 on revenue of ¥5.01B.
Zhejiang Sanhua Co Ltd shares are down 16.97% from the beginning of the year and are trading at ¥21.69 , down-from-52-week-high.
Zhejiang Sanhua Co Ltd shares gained 0.93% in intra-day trade the report.
Zhejiang Sanhua Co Ltd follows other major Industrials sector earnings this month
Zhejiang Sanhua Co Ltd's report follows an earnings beat by Amperex Tech A on Saturday, who reported EPS of ¥3.86 on revenue of ¥97.37B, compared to forecasts EPS of ¥3.52 on revenue of ¥72.2B.
Sungrow Power Supply had beat expectations on Thursday with third quarter EPS of ¥0.77 on revenue of ¥9.94B, compared to forecast for EPS of ¥0.5242 on revenue of ¥9.54B.
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